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RealTima
Dec 6, 2022 4:14 AM

NQ made a double bottom when ES did make a new lows 

E-mini Nasdaq-100 FuturesCME

Description

In my eyes NQ and RTY are stronger then ES at this moment, which is kinda strange to me as it was the leading for the whole move down since ATH.

Support held today (tomorrow's support box).

Ichimoku cloud (not shown here) is in a thin area, so it has a weak support and can break below the lows to finally catch up with the ES.

There is similar bull trendline as in the ES chart I just posted, Im expecting it to hold to go long.
Ideally we get t test it tomorrow or Wednesday am. If we do gap down tomorrow to test that trendline I will be buying longs and hold into Wed high.
Gaping down tomorrow will kill short the open idea and I will be looking for a low to buy instead.



Comment

Support is at:
- 11660-70
- 11560-80 maj support
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